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New IRS Revenue Ruling Provides Opportunities for Financing Carbon Capture Equipment

The Energy Law

On July 1, 2021, the Internal Revenue Service published Revenue Ruling 2021-13 , which provides guidance on three important issues related to the income tax credit for carbon oxide sequestration found in section 45Q of the Internal Revenue Code.

Finance 59
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Supreme Court Punts on Important Arbitrability Question

The Energy Law

2021) (“Henry Schein II”). The distributor argued that the inclusion of its request for injunctive relief brought the case under the carve-out in the arbitration provision. This is now the second time this case has been before the Supreme Court on issues of arbitrability. Henry Schein, Inc. Archer & White Sales, Inc.,

Casing 76
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Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

5/25/21), 2021 WL 2102932, —So. 3d—, the Louisiana First Circuit recently reaffirmed well-settled principles regarding prescription and the subsequent purchaser doctrine in Louisiana legacy cases. In this case, Lexington Land sued Chevron U.S.A., This opinion reinforces several key concepts in legacy cases. 2020-0622 (La.

Casing 59
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Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

5/25/21), 2021 WL 2102932, —So. 3d—, the Louisiana First Circuit recently reaffirmed well-settled principles regarding prescription and the subsequent purchaser doctrine in Louisiana legacy cases. In this case, Lexington Land sued Chevron U.S.A., This opinion reinforces several key concepts in legacy cases. 2020-0622 (La.

Casing 52
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Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

5/25/21), 2021 WL 2102932, —So. 3d—, the Louisiana First Circuit recently reaffirmed well-settled principles regarding prescription and the subsequent purchaser doctrine in Louisiana legacy cases. In this case, Lexington Land sued Chevron U.S.A., This opinion reinforces several key concepts in legacy cases. 2020-0622 (La.

Casing 52
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Top 10 Labor and Employment Issues in Bankruptcy

The Energy Law

In the world of oil and gas, there are a lot of companies with debt maturities coming due in 2020 or 2021 ( see this article from the Wall Street Journal discussing the $120 billion debt wall these companies will face through 2023), and oil prices have been below the break-even point for many drilling sites.

E&A 52
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Top 10 Labor and Employment Issues in Bankruptcy

The Energy Law

In the world of oil and gas, there are a lot of companies with debt maturities coming due in 2020 or 2021 ( see this article from the Wall Street Journal discussing the $120 billion debt wall these companies will face through 2023), and oil prices have been below the break-even point for many drilling sites. Employment Agreements.

E&A 40